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Hibob
How Much Does Hibob Cost?
Hibob charges companies on an monthly or quarterly subscription basis. Hibob is often a good value for companies and the software fees can cost between $8 and 14 PEPM.
Additionally, Hibob does charge a nominal implementation fee to clients to get started. This fee is typically ~5-15% of the annual software fees.
It is important to keep in mind that Hibob does not offer a payroll or benefits administration module, so these costs are not exactly comparable with a 'full suite' HRIS & Payroll system.
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What Modules Are Included with Hibob?
- HR / Employee Files
- Time & Attendance (limited)
- Onboarding
- Performance
- Comp & Succession
- Engagement
Hibob is what we consider a 'wraparound HRIS'. They provide robust functionality for performance management, engagement, employee onboarding and employee management. However, they require a 3rd party for payroll, benefits and recruiting.
Who is Hibob?
Hibob was founded in 2015 in Israel and has since grown to almost 600 employees with over $200M in funding. They now have offices in London, New York City and Australia and work extremely well for multinational companies. As many buyers were looking to bolt on best-in-class performance and engagement tools to their HRIS, Hibob decided to build those features as the core of their product offering.
Learn More: Request a vendor report comparing Hibob and their competitors
What Sized Companies Fit Hibob Best?
Hibob is considered an SMB HRIS, which means the system works best for companies with between 50 and 500 employees. SMB solutions are designed to cover some, but not all HR needs with some gaps to be filled in by 3rd party solutions. SMB solutions are typically more user-friendly and more modernly designed than other vendors. Additionally, they are typically built with integrations in mind and have open APIs. A solution like Hibob usually takes 6-8 weeks to implement and requires a bit of configuration work from the administrator. SMB solutions tend to have limited rules engines and custom workflow tools, which can limit how scalable they can be.
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